Intimation of sad demise of Mr. Rashmikant Acharya under Regulation 30 of SEBI(Listing Obligation and Disclosure Requirements), Regulation, 2015
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Market Creators Ltd has informed the stock exchange about the sudden demise of Mr. Rashmikant Gajendraprasad Acharya, a Whole-time Director of the company, on Saturday, 7th March 2026. Mr. Acharya held Director Identification Number (DIN) 00051572 and had a long association with the company, contributing to its growth through his vision and leadership. The board has expressed deep condolences to his family and called his passing an irreparable loss to the company. The intimation has been made under Regulation 30 of SEBI LODR Regulations, 2015. No appointment of a replacement director has been announced in this filing.
The sudden loss of a Whole-time Director may create temporary leadership uncertainty at the board level. Shareholders should watch for any subsequent announcement regarding the appointment of a replacement director, which could be relevant for the company's governance and continuity.